$744,000
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0.43 Acres Lot
SOLD DATE : 10/30/2023
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Parkers Gardens
MLS Listing ID 20255663
Sold Date 10/30/23
HOA Y/N None
Total Fin. Sqft 5580
Year Built 1980
Lot Size 0.434 Acres
Acres 0.434
Property Description
Prime garden rise apartment development opportunity located just 10 minutes from downtown San Antonio and Lackland Air Force Base. This property is being sold as a package deal along with 3 adjacent vacant lots. List price includes all 4 tracts. 1318 and 1326 Menefee are each .405 acre lots zoned MF-33. 1334 Menefee is a 3.218 acre lot zoned R-6. 1322 Menefee sits on a .434 acre lot zoned MF-33. Potential rezoning of 1334 Menefee would create 4.462 acres of multifamily development acreage. Existing complex contains 11 units. As of February 2023, 10 are occupied with 1 unit undergoing an eviction. Ten units are 1 bed 1 bath or studio style and one unit is a 3 bed 2 bath. Property would require substantial investment for needed improvements to the existing structure. Sold as is.
Location
State TX
County Bexar
Direction Heading east-west on 90 exit to S. General McMullen. Heading south on S. General McMullen take a right on Menefee Blvd. Property is across the street from Sonic.
Interior
Interior Features Other
Heating Other
Cooling Window Unit(s)
Appliance None
Heat Source Other
Exterior
Utilities Available City Sewer, City Water
Roof Type Composition
Parking Type Open
Garage No
Building
Story Two
Foundation Slab
Level or Stories Two
Structure Type Wood
Schools
Elementary Schools Winston
Middle Schools Brentwood
High Schools Kennedy
School District Edgewood Isd
Others
Ownership Of Record
Financing Conventional
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Bought with Laurent Maksoud • John Hill, Broker
13276 Research Blvd, Suite # 107, Austin, Texas, 78750, United States